The Annual Explosion Proof Electric Technology & Equipment Event

The 21st Beijing International Explosion Proof Electric Technology & Equipment Exhibition



March 30-April 1, 2021

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Industry News
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12 2021-01

Asian oil refiners target European crude as Saudi o

(Bloomberg) --Asias oil refineries have been rushing to buy up crude cargoes from Europe after Saudi Arabias surprise decision to unilaterally cut output in February and March. Unipec, the tr......

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29 2020-12

Oil price rally fades as OPEC’s plans overshadow

(Bloomberg) --A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from OP......

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22 2020-12

Oil prices dive as mutating virus chokes internatio

(Bloomberg) --Oil plummeted the most in seven weeks, with investors fleeing the market as a mutation of Covid-19 discovered in the U.K. threatened more lockdowns across Europe. Brent futures ......

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18 2020-12

Oil prices climb past 10-month record on rallying g

(Bloomberg) --Oil extended gains from the highest settlement in almost 10 months after broader markets rallied and American crude stockpiles declined more than expected. Futures in New York r......

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16 2020-12

Wall Street favor shifting from U.S. shale to Canad

CALGARY (Bloomberg) --After years in the shadow of the U.S. shale boom, the Canadian oil sands are emerging from 2020s historic market crash with a slew of upbeat outlooks from Wall Street eq......

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08 2020-12

Asian oil demand strengthens North Sea crude market

(Bloomberg) --North Sea oil prices are finally strengthening, catching up with other markets that already rallied on the back of rising buying interest from Asia, where demand in many places ......

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02 2020-12

Oil prices rise as OPEC+ delays a decision on outpu

(Bloomberg) --Oil erased earlier losses with OPEC+ seeking more time to reach a deal on production policy after a meeting broke down without an agreement. Futures were 0.7% higher in New York......

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30 2020-11

BP investing in Middle East oil while pledging a re

(Bloomberg) --BP said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions. The company is a major pr......

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26 2020-11

Oil’s recent surge compounds OPEC+ production cha

(Bloomberg) --With OPEC+ just days from meeting, those countries who favor ratcheting up oil production may be finding some support for their arguments from surging prices. Headline futures c......

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24 2020-11

Oil prices reach three month high on improving dema

(Bloomberg) --Oil touched its strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook. Markets b......

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18 2020-11

EIA projects $43 oil, flat U.S. production in the f

WASHINGTON, DC The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced in the United States in November 2019 and was at ......

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17 2020-11

Vaccine news alone won’t solve OPEC’s oil outpu

(Bloomberg) --Oil markets may be cheering the prospects of a coronavirus vaccine, but OPEC+ cant celebrate. Crude prices have rallied to a 10-week high on hopes that Pfizer Inc. and BioNTech ......

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10 2020-11

Libya passes 1 million barrel per day oil productio

(Bloomberg) --Libya boosted oil production to more than 1 million barrels a day, a milestone for the North African country after civil war all but shut its energy industry. The OPEC member, h......

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02 2020-11

With little left to cut, oil majors must wait for a

HOUSTON and LONDON (Bloomberg) --It was Andrew Swiger, the chief financial officer at Exxon Mobil Corp., who summarized the attitude of the whole industry after Big Oil ended reporting anothe......

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20 2020-10

Oil and Gas Climate Initiative reports progress on

HOUSTON - The Oil and Gas Climate Initiative (OGCI) announced its aggregate performance data for 2019. It shows the collective upstream methane and carbon intensity of member companies aggreg......

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